Industry: Iron and Steel


India has gained the position of third largest crude steel producer in the world and the country is largely focusing on increasing the production. However, focus at the same time should be on increasing consumption of steel and reducing the dependency on cheap imports.
Sept. 7, 2017, 4:08 p.m.
Publisher: careratings.com

Global economic growth in 2014 is muted, and indicators are uneven and even signaling a slowdown in the recent quarter. In the case of the steel industry also, we are witnessing a role reversal as several rapid-growth markets have not performed up to expectations in creating demand.
Sept. 7, 2017, 3:54 p.m.

India is on an upswing when speaking about the Steel Industry because of the strong global and domestic demand. Indian steel industry is more than a century old.
Sept. 5, 2017, 10:50 a.m.
Publisher: indianmirror.com

Steel Industry: Management Discussion & Analysis Report`
Aug. 31, 2017, 12:52 p.m.


Steel and its input prices moving up across the world
Aug. 30, 2017, 6:52 p.m.

India was the world’s third-largest steel producer in 2016. @ The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s manufacturing output.
Aug. 29, 2017, 5:06 p.m.
Publisher: ibef.org

Crisil reported a growth of 8.6% YoY in its consolidated revenue backed by a growth of 9.2%/5.7% in the research/rating segments. Operating Profit grew 15.4% YoY with improved operating margins of 25.7%, up 154 bps YoY. PAT grew 9.3% YoY to Rs 67.3cr. Company reported an adverse forex impact of Rs 2.1cr for the quarter (Rs 11.9cr in Q1CY17).
Aug. 23, 2017, 5:22 p.m.

Steel: Sector Report - IBEF
Aug. 23, 2017, 10:09 a.m.
Publisher: ibef.org

Metals and Mining: Sector Report - IBEF
Aug. 23, 2017, 10:08 a.m.
Publisher: ibef.org

Indian steel mills have increased prices of flat products by INR1,500/t from August 1, 2017, after a price hike of ~INR700/t in July. The actual transmission of price hike announcements is often driven by underlying market conditions, which are strong. Strong demand growth in China is driving the international steel market.
Aug. 16, 2017, 12:56 p.m.